The price has induced the pml and did not sweep it, by that it acumullated large ammount of liquidity at the relative equal lows.
I think we are going to retest the orderblock that I marked by the green box which essentialy is the wick on previous monthly candlle, after that the price should break to the downside taking out the acumulated liquidity.
Entry at 173.41
TP 141.33
SL 189.48
I think we are going to retest the orderblock that I marked by the green box which essentialy is the wick on previous monthly candlle, after that the price should break to the downside taking out the acumulated liquidity.
Entry at 173.41
TP 141.33
SL 189.48
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.